Experience

We have advised:

Solid Energy’s five major bank lenders in relation to Solid Energy’s $450m voluntary administration, the largest and most complicated voluntary administration in New Zealand history

Z Energy on the funding of its $785m acquisition of Chevron New Zealand’s downstream operations in New Zealand

ACC on all aspects of its debt and equity investments into the NZ Transport Agency’s Transmission Gully Motorway Public Private Partnership (PPP), as a key project sponsor

Mighty River Power (now Mercury) on its $300m oversubscribed capital bond issue and NZX Debt Market listing, one of the largest ever corporate debt issues of its type in New Zealand

China Construction Bank and the Industrial and Commercial Bank of China on aspects of the establishment and funding of their New Zealand operations

the syndicate of bank lenders and hedging banks to Canada’s Public Sector Pension Investment Board (PSP Investments) on funding the $1b+ acquisition of AMP Capital Property Portfolio’s assets in New Zealand

Powerco in relation to all aspects of its debt funding, including bank facilities, domestic bond issuances and US private placements

ANZ as lender on the financing of major developments including the $1b Westgate Town Centre development in Auckland and the $120m Five Mile retail and residential development in Queenstown

Westpac on New Zealand aspects of its covered bond and other treasury programmes

ASB as arranger and lender on the financing of the high profile circa $80m takeover by Connor Healthcare (owned by Austron and private equity firm Evolution Capital) of publicly listed health care provider Acurity Health Group

Turners (previously Dorchester Pacific) on the financing of its successful $82m takeover of Turners Group (previously Turners Auctions). This included a publicly issued convertible bond, a bank acquisition facility and a refinance of three other bank facilities provided to the Dorchester group

Crown Irrigation Investments on its funding support for major regional irrigation projects

RESIMAC an Australian non-bank lender, on a $150m securitisation, the first rated RMBS transaction in New Zealand in since the global financial crisis

EBOS Group on the $140m acquisition funding for its $1.1b acquisition of Australian pharmaceutical firm Symbion, voted Best New Zealand Deal of the Year in the 2013 Finsia Asia Achievement Awards

NZME on its bilateral bank facilities which facilitated its demerger from APN News and Media Limited, and

Goldman Sachs and Citi (as lead arrangers) on the New Zealand aspects of the successful global refinancing of Norwegian multinational Norske Skog’s debt facilities.